Holicent
VIP Contributor
How to always ensure a safe business to business transactions
When you are buying or selling a product or service, it is important to follow certain safety procedures. The following tips will help you ensure that your business dealings are free from any type of fraud by:
1. Checking out the company’s reputation on the internet and in real life.
2. Being careful with what you say and how much information you give out about yourself or your company.
3. Making sure that the person making the deal has all proper identification documents, such as a valid driver’s license or passport number and name as well as a photo ID card issued by the state government where he/she lives or works.
4. Checking out the credit history of both parties involved in the transaction before signing any contracts or agreements between them, especially if there is any amount involved in it (for example, if one party wants to buy something for $100 and another party agrees on paying $50).
5. Doing research about any company prior to doing business with them just in case there are problems later on down the line that may affect their reputation among other customers as well as their own personal safety.
When you are buying or selling a product or service, it is important to follow certain safety procedures. The following tips will help you ensure that your business dealings are free from any type of fraud by:
1. Checking out the company’s reputation on the internet and in real life.
2. Being careful with what you say and how much information you give out about yourself or your company.
3. Making sure that the person making the deal has all proper identification documents, such as a valid driver’s license or passport number and name as well as a photo ID card issued by the state government where he/she lives or works.
4. Checking out the credit history of both parties involved in the transaction before signing any contracts or agreements between them, especially if there is any amount involved in it (for example, if one party wants to buy something for $100 and another party agrees on paying $50).
5. Doing research about any company prior to doing business with them just in case there are problems later on down the line that may affect their reputation among other customers as well as their own personal safety.
